Wednesday, May 26, 2010

Gas tax: A real vote killer in the U.S.?

http://money.cnn.com/2007/05/21/news/int...



%26quot;Lower wholesale prices, which would mean less profits for oil firms, combined with a higher tax could transfer money from Big Oil to the government, which could then use the cash for public programs.



Consumers would have to pay the same amount - or even more than now - but at least that extra cash could be returned to them in some way.



It might be used as a tax credit to offset the sting for those with a lower income, countering one of the most common arguments against such a tax. It could also go towards improvements in mass transit, expanded student loans or lower health insurance premiums%26quot;



Corporate America can%26#039;t have that, hmmmmm? Your thoughts?



Gas tax: A real vote killer in the U.S.?

I think the average American is now so used to abuse (19 of the last 28 years), they just don%26#039;t think about things anymore, assuming we ever did.



I feel that we are not used to mistrusting our own government and are poorly prepared to watch them.



I will give the Bush %26quot;administration%26quot; credit for their policy of constant mis-direction with the war and terrorists and the like.



I really don%26#039;t know if we still deserve the freedoms we were born with. This is a shame because so many of our fellows made the ultimate sacrifice for those freedoms only to have them squandered by flea-bag Republicans.



We allowed it to happen on our watch and will be paying for many years.



I say...Leavenworth...for the lot of em!



Gas tax: A real vote killer in the U.S.?

I can%26#039;t wait until we are paying 6 bucks a gallon.



Gas tax: A real vote killer in the U.S.?

you do realize currently today the government makes more on a gallon of gas then the oil company right..



http://auto.howstuffworks.com/gas-price1...



Gas tax: A real vote killer in the U.S.?

I%26#039;m already checking around for a gas powered bicylce....lol. It should get excellent mileage!!



Gas tax: A real vote killer in the U.S.?

Corporate taxes are a joke. they are always passed on to the consumer. Ronald Reagan said it best; %26quot;Corporations don%26#039;t pay taxes, PEOPLE pay taxes.%26quot;



Gas tax: A real vote killer in the U.S.?

I read the article. And right after I stopped laughing at the absurdity of the whole idea of tacking on another dollar or two to the price of gas I went and changed my pants. I%26#039;d laughed so hard I%26#039;d wet them.



Like it or not big oil does pay a lot of taxes. The lower the profit the less tax paid.



And I can guarantee that oil companies won%26#039;t need to make as much gas as they do now. Because people won%26#039;t be driving as much as they did. But that won%26#039;t translate to lower prices. The cost of deisel will go up. Transportation cost will go way up and companies will be raising the cost of everything they make. Rising cost will mean people buy less. People buy less and companies lay off because they don%26#039;t need the people and they won%26#039;t pay as much taxes. With more people laid off there will be less taxes taken in. Unemployement will go way up.



Are you getting the picture? There won%26#039;t be the money for all those great ideas of what to do with all that additional money the government WON%26#039;T have. Do you know why so many in Europe drive scooters? Because Gas there costs over twice what ours does today!



There comes a point where raising taxes becomes counter productive. And what the article suggested would be very counter productive. And let me guess after you have really taxed the economy into a REAL recession you will want to tax people more until it improves.



Really, did you flunk Econ 101? Or did you even ever take it? France has one of the higher tax rates in Europe. See how their economy is doing. Their unemployment is about twice what ours is. The EU is hammering them because of their deficits.



I%26#039;m sorry but I must disagree with you. You think taxes will solve everything. Look up this figure and prove me wrong. The amount of money WASTED by government amounts to 35% of all the money taken in. That means for every dollar the government requires I send them they WASTE 35 cents.



This year Congress is proposing a 3 trillion dollar budget. That means they will waste OVER 1.05 trillion dollars on buracracy, various studies that won%26#039;t tell you anything of consequence, and ohter extraneous BS. And YOU want to give them more?

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